911 Ridge Dr SESaint MichaelMN55376
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Saint Michael at 911 Ridge Dr SE, Saint Michael, MN, 55376 earns $818/mo cash flow from $2,317/mo rent with a $1,175/mo payment. Total monthly income totals $2,317/mo, and annual cash flow totals $9,816/yr on $79,560 capital. ROI tracks 32.25% on current figures, and rental yield reads 11.58% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 169.07% and total cumulative return in cash sums $134,510. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,317/mo property income instead of your personal income.
Townhouse
Built in 1972
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55376, Saint Michael, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,435 (100%) |
| Owner Occupied HU | 6,333 (85.2%) |
| Renter Occupied HU | 824 (11.1%) |
| Vacant Housing Units | 278 ( 3.7%) |
| Median Home Value | $416,843 |
| Average Home Value | $455,816 |
Housing Distribution
Address Breakdown
Residential
6,946
Single Family
6,681
Multi-Family
265
Businesses
334
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Listed by: Jacob Schoenberger • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6796519